June 23, 2013 In China, if you want to get hitched, you pretty much need to have a house. No house? Good luck to you, comrade. After decades of explosive growth, the cost of living in China's big cities has skyrocketed, and a generation of young people has been largely priced out of the housing market.
June 21, 2013 Among the cities studied, New York City is estimated to have missed out on the most amount of money, at more than $205 million in 2012. The U.S. Mayors' Conference says it's a reason to back the Marketplace Fairness Act; not everyone agrees.
June 20, 2013 The sharp drop follows remarks by Fed Chairman Ben Bernanke that the central bank's monthly bond-buying spree could soon end. Fears over a freeze in interbank lending in China have also contributed to investor concerns.
June 20, 2013 The level, however, remains consistent with moderate job growth.
June 20, 2013 In our recent poll on African-Americans, we found that half of those surveyed were positive about their financial situations — and half weren't. That divide tracks with a difference in attitudes about many aspects of respondents' lives.
June 20, 2013 KUHFSupplies of oil have been surging this year, and U.S. drivers, who have been switching to more fuel-efficient cars, are using less gasoline. That would seem to be the right economic combination to push down prices at the pump, but gasoline prices have remained stubbornly high this summer.
June 20, 2013 Textile workers in some poor countries like Bangladesh can make less than $100 a month. One factory in the Dominican Republic is trying something different: It's paying workers $500 a month. The company has yet to break even after three years, but the CEO says the business is growing rapidly and he believes it will be profitable.
June 20, 2013 A growing number of cities are using surveillance cameras in the hope of fighting crime, but all that video is almost useless without powerful search tools to sort the material. The municipal camera trend is proving to be big business for companies that design video analytics software.